AKELIUS RESIDENTIAL PROPERTY AB 18 percent increase in net operating income
Rental income was
an increase of 40.4 percent compared to the same period last year.
The like-for-like vacancy rate decreased during the last twelve months by 2.5 percentage points to 11.3 percent,
in line with the ambition to increase the cash flow from properties.
The like-for-like net operating income growth was 18.0 percent for the period.
The focus on finishing capital projects and performing cost control, in combination of a strong rental market, are the main drivers of this growth.
At the end of June, the market value of the property portfolio was
The value change was
The average capitalization rate was 4.04 percent.
The loan-to-value at the end of June was 9 percent.
CEO, Ralf Spann
Rental markets have a strong development across
Reduced COVID-19 effects have a positive impact on rental income,
for example in
The stronger market supports the growth in new lease levels, reduces rent concessions, and results in higher occupancy.
On the financing side,
CEO
+49 173 643 65 90
ralf.spann@akelius.de
This information is information that
The information was submitted for publication at
https://news.cision.com/akelius-residential-property-ab/r/interim-report-2022--january-to-june,c3608845
https://mb.cision.com/Main/3302/3608845/1610642.pdf
https://mb.cision.com/Public/3302/3608845/916f378bdfd9b663.pdf
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